Monchengladbach head coach Dieter Hecking said: "The ball is now with West Ham and Reece made a clear statement saying he would like to continue playing football in Gladbach and I personally believe that would be the best for his development."

The Bundesliga club want to sign Oxford on a permanent deal and are expected to hear back from the Hammers, who are having a meeting about the defender on Tuesday, within the next 24 hours.

Oxford has made 16 senior appearances for the Hammers and four for Gladbach

The centre-back signed a new West Ham contract in 2016 that tied him to the club until 2021.

West Ham manager David Moyes said last week: "We will take a look at him and see how he is, I hope we can help improve him. I've only just met him, but I know he is well thought of here and we will work with him."